NEW DELHI:Electrical and electronic equipment supplierC&S Electric Ltd aims to earn Rs 240 crore revenue from engineering, procurement and construction (EPC) business in the next one year.
The company is hopeful of bagging EPC contracts for the solar power projects under the government's ambitious Jawaharlal Nehru National Solar Mission programme, bids for which would be invited next month.
"About 300 MW capacity solar projects would be in the offing under the Jawaharlal Nehru National Solar Mission, of which we would like to capture 20 MW capacity projects," Rohit Dhar, Senior Vice President, Strategy & Business Development, C&S Electric Limited said.
"Whether it would be a 20 MW solar plant or 20 power projects of 1 MW each etc...that would be decided at the time of invitation of bids," Dhar added.
On an average the cost of generating 1MW solar power is Rs 15 crore and since EPC contributes about 80 per cent of the total value of the project, the company may be able to generate a business of approximately Rs 240 crore through these projects.
The company is currently executing a 1MW solar photo-voltaic plant at Bhiwadi in Haryana.
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